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greengold24k

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greengold24k

Re: codfather post# 3747

Friday, 01/29/2016 12:23:16 PM

Friday, January 29, 2016 12:23:16 PM

Post# of 5918
The only reason?..

How about the biotech industry as a whole being in a bear market? Down 55% from is all time high is past July..

How about multiple potential presidential candidates making remarks regarding drug pricing.. Clinton has single handed has cause the IBB to drop 5% on more then one occasions from a tweet about drug pricing.

Conditions do not seem go right now for biotechs especially small caps with no earnings.. Once M&A starts to pick up in the space and the industry stabilizes GW will be fine
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